[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
Iran and every other thuggish regime understands is strength and pain. Cut in, listen to nancy pelosi and Justin Trudeau. We were recently together in normandy. We had a delegation of nearly 60 house members and like noahs ark to normandy to pay tribute to our veterans. We were proud to join the Prime Minister there at juno beach to pay tribute to the contribution at that canada made to that historic normanly invasion. I wish you could have been there, to hear the Prime Minister speak so beautifully in english and in french about our veterans, all of our veterans in that instance we were paying tribute to canada as well as other nations. We had a lively discussion with the Prime Minister on issues that relate to global security, to economic relationships in terms of trade. He may want to talk sports. I think that is off limits. But in any event, canada is our trusted neighbor, our relationship is a warm one. And it is an honor again to have the Prime Minister visit and, mr. Prime minis